Swan Energy (BOM:503310) LT-Debt-to-Total-Asset : 0.21 (As of Mar. 2024)

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What is Swan Energy LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Swan Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.21.

Swan Energy's long-term debt to total assets ratio declined from Mar. 2023 (0.39) to Mar. 2024 (0.21). It may suggest that Swan Energy is progressively becoming less dependent on debt to grow their business.

Swan Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Swan Energy's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Swan Energy LT-Debt-to-Total-Asset Chart

Swan Energy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.41

0.55

0.39

0.21

Swan Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.39	-	0.38	-	0.21

Swan Energy LT-Debt-to-Total-Asset Calculation

Swan Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	25137.079	/	121675.209
	=	0.21

Swan Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	25137.079	/	121675.209
	=	0.21

Swan Energy (BOM:503310) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Swan Energy LT-Debt-to-Total-Asset Related Terms

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Swan Energy (BOM:503310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swan Energy Ltd (BOM:503310) » Definitions » LT-Debt-to-Total-Asset

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SWANENERGY:India

Address

10, J. N. Heredia Marg, Ballard Estate, 6, Feltham House, 2nd Floor, Mumbai, MH, IND, 400001

Website

https://www.swan.co.in

Swan Energy Ltd is an Indian-based holding company engaged in the manufacturing of textile products. The company's business segments include Textiles, Energy, Construction/others, Distribution & development, warehousing, Manufacturing, and Power generation. It generates maximum revenue from the Property development/Others segment. Geographically, the group generates revenue from Domestic and Overseas markets, with the majority being generated from the Overseas market.

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